In the basic EOQ model in Example 13.1, suppose that the fixed cost of ordering and the unit purchasing cost are both multiplied by the same factor f. Use SolverTable to see what happens to the...

In the basic EOQ model in Example 13.1, suppose that the fixed cost of ordering and the unit purchasing cost are both multiplied by the same factor f. Use SolverTable to see what happens to the optimal order quantity and the corresponding annual fixed order cost and annual holding cost as f varies from 0.5 to 5 in increments of 0.25. Could you have discovered the same results algebraically, using equations (13.2) through (13.4)?

Example 13.1